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ARTICLE · 14 JANUARY 2015

A New Era For Irish Competition Law

Mason Hayes & Curran LLP
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The Competition and Consumer Protection Act 2014 (the "Act") significantly alters the Irish competition and merger control landscape.

IrelandAntitrust/Competition Law
Niall Collins
Niall Collins
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The Competition and Consumer Protection Act 2014 (the "Act") significantly alters the Irish competition and merger control landscape.  

The Act entered into force on 31 October 2014. As a consequence, the Competition Authority and National Consumer Agency have merged creating a unified competition and consumer protection regulator and which is called the Competition and Consumer Protection Commission (the "Commission").

Whilst primary functions have not changed, the Act overhauls the prevailing merger control regime and strengthens the Commission's powers to investigate and enforce competition law breaches.

New Thresholds for Merger Notifications

Under the new regime, undertakings must notify a proposed transaction where, in the most recent financial year:

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